Italian marque MV Agusta officially declares independence from KTM and decides to run its own show
MV Agusta has officially issued a statement that it will be severing ties with the currently financially struggling KTM AG. This announcement comes amongst recent speculation that has been laced with misinformation about the exotic Italian brand’s future.
This strategic agreement ensures that MV Agusta remains completely uninvolved in KTM’s ongoing financial restructuring process, allowing the company to continue its positive growth path.
MV’s press release reads as follows – “Over the past 18 months, MV Agusta has strengthened its financial stability under a fully revitalised management team. In 2024, the company sold 4,000 motorcycles, achieving an annual growth rate of 116% compared to 2023, with last year’s total sales already matched by July. 2024 also marked MV Agusta’s best year ever in parts sales, with a 99% availability rate covering models produced up to seven years ago.”
MV Agusta confirms that Art of Mobility S.A., a company controlled by the Sardarov family, will regain full control of the MV Agusta Group, officially marking its separation from KTM.
Timur Sardarov – CEO of Art of Mobility S.A. says, “This is a moment of pride for all of us at MV Agusta. Regaining full control of the company means we are now stronger and more focused than ever on delivering excellence. Over the past two years, the company has significantly strengthened its processes, systems, and workforce.”
